Brampton Business Owner Wins Lottery to Apply for Cannabis Store Licence
Amidst all the recent talk regarding cannabis stores and their place in Brampton, the results of a province-mandated lottery have come in.
The Alcohol and Gaming Commission of Ontario (AGCO) recently held a lottery to determine which residents would be eligible to apply for a cannabis retail store licence.
The lottery selection was completed on Friday afternoon, January 11.
The province was split into five regions, with winners selected from each: Toronto, the GTA, East Region, North Region, and West Region.
Of the six winners chosen from the GTA region, one of them is Clint Seukeran, owner of CGS Foods.
CGS Foods (short for Caribbean Gold Select Foods) is a Brampton-based business founded in 2002 with a focus on health and natural products.
“CGS is a food company which understands and respects the importance of quality food in our lives, and strives to support our customers’ demands for authentic, natural, additive free beverages,” the store writes on its website.
“All our products strive to have one ingredient, an authentic taste experience and remain safe to consume.”
Overall, a total of 25 applicants across Ontario were selected in the lottery, with many more being placed onto a wait list.
The winning applicants are now required to submit a $50,000 standby letter of credit, submit a retail operator licence application, and make a non-refundable $6,000 fee payment by Friday, January 18.
While the presence of cannabis stores in Brampton is still being debated, this is a potentially interesting development for Brampton consumers, and could provide some insight on what a health food business’ take on selling marijuana looks like.
We’ll update with more information as this story develops.
For more details and a full list of the lottery winners, click here.
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